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PenCom’s Milestones in 2023: A Year of Achievements and Innovations

Spread the loveOverview: PenCom, Nigeria’s apex regulatory authority for the pension industry, marked a transformative year in 2023. Demonstrating an unwavering commitment to effective oversight and innovation, PenCom implemented several…

Ondo State Governor Approves N1.2bn to Clear 2014 Retirees’ Gratuity

Spread the loveGovernor Lucky Aiyedatiwa Commits N1.2bn to Settle Retirees’ Gratuity In what appears to be a welcome development for retirees in the sunshine state, Governor Hon. Lucky Aiyedatiwa has…

IGP Warns Against Police Force Exit from Contributory Pension Scheme

Spread the loveThe ongoing debate surrounding the proposed exit of the Nigeria Police Force (NPF) from the current Contributory Pension Scheme (CPS) has taken a new turn. Inspector General of…

Nigeria’s Micro Pension Plan Struggles to Gain Traction

Spread the loveLaunched in 2019 by then-President Muhammadu Buhari, Nigeria’s Micro Pension Plan (MPP) aimed to extend pension coverage to workers in the informal sector, constituting over 87.9% of the…

Palliative: Pensioners Under CPS Eligible for Conditional Cash Transfer

Spread the loveIn a welcome development, pensioners under the Contributory Pension Scheme (CPS) are set to receive the federal government’s palliative resulting from the removal of the petroleum subsidy. This…

Pensioners Urge PTAD to Implement New National Minimum Wage Payments

Spread the lovePensioners, represented by the Association of Retired Federal Senior Public Officers of Nigeria (ARFESPON), have issued a call to the Pension Transitional Arrangement Directorate (PTAD), urging the commencement…

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